ESMA tones down CCIL stand in draft to RBI
The European Securities and Markets Authority (ESMA) has proposed less-stringent rules on inspecting and penalising Indian financial market institutions such ...
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Tag: banks
HDFC looks to sell Rs 2,000 crore stressed developer loans
Mortgage-lending pioneer Housing Development Finance Corp (HDFC) is making final attempts to offload stressed loans of around ₹2,000 crore extended ...
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ACRE set to buy out SBI’s loans to road company in West Bengal
Ares SSG Capital-backed asset reconstruction company is set to acquire State Bank of India's (SBI) road assets in an all-cash ...
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Go First’s bank loans to be classified as “bad”, but has strong collaterals
Lenders to Go Airlines (India) Ltd will classify their loans to the company as "non performing" in the current quarter, ...
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FinMin to take a call on Rs 3,000 crore fund infusion based on performance of PSU general insurers
New Delhi: Finance Ministry will take a call on Rs 3,000 crore capital infusion this fiscal based on financial performance ...
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Bank of Baroda launches electronic bank guarantee on its digital platform
State-owned Bank of Baroda on Wednesday announced the launch of electronic bank guarantee (e-BG) on its BarodaINSTA platform, in partnership ...
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Canara Bank to spin off its credit card vertical into a separate subsidiary
State-owned Canara Bank is set to spin off its credit card vertical into a separate subsidiary while it has started ...
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Digital transactions on the rise, but banks ‘branch out’ to drive growth
Banks have brought the focus back on physical network expansion as they aggressively open branches belying expectations that growing digital ...
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New cross-border risks need new approaches: Economists
New cross-border challenges, including climate change, pandemics, fragility and migration require new finance capacity and approaches, according to economists NK ...
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India’s forex reserves at comfortable level due to RBI, dollar: Economists
India's foreign exchange reserves are at a comfortable level currently, benefiting from the Reserve Bank of India's persistent intervention and ...
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